61 Yorkshire Street, Rochdale, Greater Manchester, OL16 1BZ

The property is located in a prime town centre retail location fronting on to the pedestrianised section of Yorkshire Street in close proximity to the entrances to the Wheatsheaf Shopping Centre and the Rochdale Exchange Shopping Centre. The towns railway station is approximately 0.5 miles to the south.

Three storey (plus basement) prime located town centre retail investment with a current rent reserved of £12,500 per annum (plus VAT).

Pedestrianised frontage on to Yorkshire Street.

Approximately 108 sq m (129 sq yds)

Freehold.

Interested parties should consult with the Local Planning Office, Rochdale Borough Council, Floor 3, Number One Riverside, Smith Street, Rochdale, OL16 1XU. Tel: 01706 924387 Email: development.control@rochdale.gov.uk.

The property is let by way of a 6 year commercial lease from 22nd April 2016 at a current rent reserved of £12,500 per annum (plus VAT) which is subject to upwards only rent reviews in years 2 & 4 of the term. The lease is granted to TMST Limited (Company Number 09402394).

VAT is payable in addition to the sale price.

1. The deposit for this lot must be paid in cleared funds only and Pugh & Co. will not accept cheques as a method of payment.
2. The vendor has confirmed that the rateable value of the premises will decrease to £10,200 with effect from 1 April 2019.
3. Energy Performance Certificate = C.